Petron, through Petron Foundation, Inc. (PFI), is strengthening its commitment to managing its environmental impact through a partnership with the University of the Philippines Los Baños-College of Forestry and Natural Resources (UPLB-CFNR) and the UPLB Foundation Inc., engaging the latter to conduct a science-based assessment of sequestered carbon in adopted areas under Petron’s Puno ng Buhay reforestation program.
The signing of the Memorandum of Agreement (MOA) on January 7 was led by (from left) PFI Executive Director Mia S. Delos Reyes, UPLB Foundation Inc. Executive Director Enrico P. Supangco, UPLB Chancellor Jose V. Camacho, Jr., Ph.D., and UPLB-CFNR Dean Marlo D. Mendoza at the UPLB campus.
This partnership will bring together a team of experts from UPLB specializing in Forest Carbon Analysis, Flora and Fauna, GIS/Remote Sensing, Socioeconomics, and Mangrove Silviculture. The study will initially focus on Petron’s mangrove sites in Davao, Roxas, and Bulacan spanning 55 hectares.